The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Instead, much of the bounce appears to be tied to special forms of pay for high ‑income workers, such as bonuses and stock  compensation. Booming Stock Market Driving Income Growth. The recent run ‑up in the stock market, which appears tied to optimism surrounding artificial intelligence, is a primary driver of the rapid growth in pay to high ‑income workers.
https://lao.ca.gov/Publications/Report/4939

The 2019-20 Budget: Structuring the Budget: Reserves, Debt and Liabilities

Feb 5, 2019 - The Governor also uses $4. 5  b illion to address budgetary borrowing, including to repay all outstanding special fund loans, undo two budgetary deferrals, and repay all outstanding settle up owed to schools and community colleges.
https://lao.ca.gov/Publications/Report/3925

The 2019-20 Budget: California Spending Plan (Final Version)

Oct 17, 2019 - Beginning in 2020 ‑21, this program will be supported by 5  p ercent of the annual revenue into the GGRF up to $ 130  m illion. Starting in 2023 ‑24, if GGRF revenues are not sufficient to generate $ 130  m illion for the program, the General Fund will be used to make up the difference.
https://lao.ca.gov/Publications/Report/4083

The 2019-20 Budget: California's Fiscal Outlook

Nov 14, 2018 - The $5. 7  b illion increase in available resources is the net result of two major factors: Total Revenues and Transfers Grow $7.6   Billion. Under our office ’s economic assumptions, revenues grow by $5. 1  b illion between 2018 ‑19 and 2019 ‑20.
https://lao.ca.gov/Publications/Report/3896

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - The administration estimates this would extend health care coverage to 138,000 undocumented immigrants and would cost $ 134  m illion General Fund in 2019 ‑20. Estimates suggest the current number of uninsured Californians —including those who are undocumented —is roughly 3. 5  m illion.
https://lao.ca.gov/Publications/Report/3916

The 2019-20 Budget: Structuring the Budget: Reserves, Debt and Liabilities [Publication Details]

Feb 5, 2019 - Finally, we present and assess each of the Governor’s major budget reserve and debt and liability proposals and offer some alternatives for legislative consideration. 2/5/19: Corrected total of state spending deferrals in Figure 5.
https://lao.ca.gov/Publications/Detail/3925

The 2019-20 Budget: California Spending Plan—Debt Liabilities

Oct 17, 2019 - At the beginning of 2019 ‑20, the state had $687  million in total outstanding settle up remaining. The 2019 ‑20 budget package repays all of this outstanding settle up. Of this total, the state counts $391  million toward required debt payments under Proposition  2.
https://lao.ca.gov/Publications/Report/4106

The 2019-20 Budget: California Spending Plan (Final Version) [Publication Details]

Oct 17, 2019 - The 2019-20 Budget: California Spending Plan (Final Version) [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4083

The 2019-20 Budget: Overview of the Governor's Budget [Publication Details]

Jan 14, 2019 - The 2019-20 Budget: Overview of the Governor's Budget [Publication Details] Overview of the Governor 's Budget January 14, 2019 The 2019-20 Budget: Overview of the Governor's Budget Format: HTML Description: This report presents our office’s initial assessment of the Governor’s Budget.
https://lao.ca.gov/Publications/Detail/3916

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - The reason for the reduction is the recent voter approval of Proposition  35 (2024), which requires the state to spend less MCO tax money on offsetting General Fund spending and more money on provider rate increases.
https://lao.ca.gov/Publications/Report/4951